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3 Penny Stocks Rocketing Higher on Space Race and S&P 500 Gain

Which penny stocks are investors watching following yesterday’s crash?
The post 3 Penny Stocks Rocketing Higher on Space Race and S&P 500 Gain appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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Best Penny Stocks to Watch As Markets Take a Positive Turn Today

The successful space launch by Jeff Bezos and his company Blue Origin could have positive implications for a few specific penny stocks. And to understand why, let’s take a closer look at this billionaire milestone. Today on July 20th, Jeff Bezos successfully completed a very short, suborbital flight, completing a few milestones along the way. 

[Read More] How To Make Money With Penny Stocks In a Down Market

The flight broke two records, those being the oldest and youngest people to reach space; Wally Funk and Oliver Daemen. While going to space is nothing new, the recent desire by billionaires to do so for leisure is. So, what are the implications for stocks and penny stocks in particular? Well, there are a few to talk about. 

What the Billionaire Space Race Means for the Stock Market 

The first space flight by Blue Origin has shed greater light on companies like Amazon Inc. (NASDAQ: AMZN), Virgin Galactic Holdings Inc. (NYSE: SPCE), and of course, Tesla Inc. (NASDAQ: TSLA). But, many investors are wondering what the impact on other stocks could be as a result. 

Given that these companies represent some of the largest tech stocks on the planet, we could see what is known as sympathy momentum as a result. This is when similar stocks will push up due to one company or industry rising in value. And if we look at some of the correlated stocks, we could see momentum with tech companies, semiconductor stocks, communication companies, and more. 

[Read More] High Volume Penny Stocks to Watch After The Market Crash

A lot of this remains as speculation, and the other part is that we won’t truly know the effects of today until the longer-term time frame. But, in the meantime, we can speculate and pick a few penny stocks for our watchlists that could see correlative momentum. 

3 Penny Stocks to Watch Following Bezos’ Space Flight 

  1. Neurometrix Inc. (NASDAQ: NURO
  2. GEE Group Inc. (NYSE: JOB
  3. Ur-Energy Inc. (NYSE: URG

Neurometrix Inc. (NASDAQ: NURO) 

Up by over 70% in morning trading are shares of the biotech company, Neurometrix Inc. While NURO stock does not have a whole lot to do with today’s space launch, the emphasis on tech overall could be shedding a light on the company. More importantly, today, Neurometrix made an exciting announcement regarding its Quell device. 

It stated that this device has received Breakthrough Designation from the FDA for treating fibromyalgia. Data shows that somewhere between 2-6% of the population in the U.S. suffer from this painful disorder, and therefore Quell, could be a viable solution. The device works by stimulating the nerves, and holds 18 utility patents in the U.S. 

“The Breakthrough Device Designation is an important milestone in the Company’s effort to make Quell technology available to people living with fibromyalgia. We are moving forward with a regulatory filing that could position us to launch Quell for this indication in the second half of the year.” 

Shai Gozani, M.D., Ph.D., CEO of Neurometrix

Neurostimulation devices may be nothing new to the market, but as it pertains to this specific indication, it could be a breakthrough. Considering this FDA designation and the large focus on tech, NURO stock looks like an interesting penny stock to watch right now. 

GEE Group Inc. (NYSE: JOB) 

JOB stock is a penny stock that we’ve covered numerous times in the past few weeks. During the pandemic and now a year and a half after it began, companies like GEE Group have seen a great deal of investor interest. To understand why we have to take a closer look at the company. GEE Group provides specialized staffing services and has been doing so for over 100 years. 

Its staffing solutions are provided to industries such as IT, engineering, finance, and more. Additionally, it provides job services to the healthcare industry, which has increased its demand greatly since 2020. While the company did have some trouble earlier in the year as a result of many jobs lost due to Covid-19, now, jobs reports are showing a much more positive outlook. 

[Read More] Could Penny Stocks Skyrocket On Bezos’ Blue Origin Space Launch?

In GEE Group’s most recent fiscal report from Q2 2021, it posted $34.7 million in revenue and a major improvement of $2 million in adjusted EBITDA over a $2.4 million EBITDA loss in Q2 2020. Additionally, it held more than $14.3 million in cash on hand, which could increase following its equity offering worth around $57 million. So, with its exciting quarterly results and the positivity surrounding the jobs market right now, JOB stock could be worth adding to your watchlist this month.  

Penny_Stocks_to_Watch_GEE_Group_Inc._(JOB_Stock_Chart)

Ur-Energy Inc. (NYSE: URG) 

Another interesting penny stock to watch right now is URG stock. If you’re unfamiliar, Ur-Energy is a uranium mining company operating several facilities around the U.S. From its Lost Creek facility alone, it has produced and shipped more than 2.6 million pounds of uranium, and it has plans to begin mining construction at the Shirley Basin in the near future. A few weeks ago, it announced its inclusion on the Russell 3000 index on June 28th. 

“Ur-Energy is excited to be included in the Russell 3000 Index. This listing reflects the significant increase in our market capitalization over the past several months, and our continued effort to build shareholder value. Inclusion in the Russell 3000 is significant as the Russell Indexes are widely followed by the investment community.” 

Chairman and CEO of Ur-Energy, Jeff Klenda

Aside from this, we have to consider the state of the uranium market now and in the future. Uranium is widely regarded as one of the most efficient forms of renewable energy that we have today. And, with both the U.S. and global push toward clean energy, many investors believe that uranium could be the future. 

While URG is not the largest uranium stock in the world, it is a decent-sized player in the market. And because of this, many investors are paying attention, especially as news about clean energy continues to come to light. For these reasons, URG stock could be an interesting addition to your list of penny stocks to watch. 

Penny_Stocks_to_Watch_Ur_Energy_Inc._(URG_Stock_Chart)

Which Penny Stocks Are You Watching Right Now?

Investing in penny stocks or blue chips in 2021 is difficult, to say the least. With so much going on and a great deal of volatility, trading penny stocks is not easy. Then again, the events that lead to heightened fluctuations in the market, can often be taken advantage of if you have the right trading skills on hand.

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For that reason, researching and having a trading education is one of the best steps you can take for your portfolio. With all of this in mind, which penny stocks are you watching right now?

The post 3 Penny Stocks Rocketing Higher on Space Race and S&P 500 Gain appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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The Coming Of The Police State In America

The Coming Of The Police State In America

Authored by Jeffrey Tucker via The Epoch Times,

The National Guard and the State Police are now…

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The Coming Of The Police State In America

Authored by Jeffrey Tucker via The Epoch Times,

The National Guard and the State Police are now patrolling the New York City subway system in an attempt to do something about the explosion of crime. As part of this, there are bag checks and new surveillance of all passengers. No legislation, no debate, just an edict from the mayor.

Many citizens who rely on this system for transportation might welcome this. It’s a city of strict gun control, and no one knows for sure if they have the right to defend themselves. Merchants have been harassed and even arrested for trying to stop looting and pillaging in their own shops.

The message has been sent: Only the police can do this job. Whether they do it or not is another matter.

Things on the subway system have gotten crazy. If you know it well, you can manage to travel safely, but visitors to the city who take the wrong train at the wrong time are taking grave risks.

In actual fact, it’s guaranteed that this will only end in confiscating knives and other things that people carry in order to protect themselves while leaving the actual criminals even more free to prey on citizens.

The law-abiding will suffer and the criminals will grow more numerous. It will not end well.

When you step back from the details, what we have is the dawning of a genuine police state in the United States. It only starts in New York City. Where is the Guard going to be deployed next? Anywhere is possible.

If the crime is bad enough, citizens will welcome it. It must have been this way in most times and places that when the police state arrives, the people cheer.

We will all have our own stories of how this came to be. Some might begin with the passage of the Patriot Act and the establishment of the Department of Homeland Security in 2001. Some will focus on gun control and the taking away of citizens’ rights to defend themselves.

My own version of events is closer in time. It began four years ago this month with lockdowns. That’s what shattered the capacity of civil society to function in the United States. Everything that has happened since follows like one domino tumbling after another.

It goes like this:

1) lockdown,

2) loss of moral compass and spreading of loneliness and nihilism,

3) rioting resulting from citizen frustration, 4) police absent because of ideological hectoring,

5) a rise in uncontrolled immigration/refugees,

6) an epidemic of ill health from substance abuse and otherwise,

7) businesses flee the city

8) cities fall into decay, and that results in

9) more surveillance and police state.

The 10th stage is the sacking of liberty and civilization itself.

It doesn’t fall out this way at every point in history, but this seems like a solid outline of what happened in this case. Four years is a very short period of time to see all of this unfold. But it is a fact that New York City was more-or-less civilized only four years ago. No one could have predicted that it would come to this so quickly.

But once the lockdowns happened, all bets were off. Here we had a policy that most directly trampled on all freedoms that we had taken for granted. Schools, businesses, and churches were slammed shut, with various levels of enforcement. The entire workforce was divided between essential and nonessential, and there was widespread confusion about who precisely was in charge of designating and enforcing this.

It felt like martial law at the time, as if all normal civilian law had been displaced by something else. That something had to do with public health, but there was clearly more going on, because suddenly our social media posts were censored and we were being asked to do things that made no sense, such as mask up for a virus that evaded mask protection and walk in only one direction in grocery aisles.

Vast amounts of the white-collar workforce stayed home—and their kids, too—until it became too much to bear. The city became a ghost town. Most U.S. cities were the same.

As the months of disaster rolled on, the captives were let out of their houses for the summer in order to protest racism but no other reason. As a way of excusing this, the same public health authorities said that racism was a virus as bad as COVID-19, so therefore it was permitted.

The protests had turned to riots in many cities, and the police were being defunded and discouraged to do anything about the problem. Citizens watched in horror as downtowns burned and drug-crazed freaks took over whole sections of cities. It was like every standard of decency had been zapped out of an entire swath of the population.

Meanwhile, large checks were arriving in people’s bank accounts, defying every normal economic expectation. How could people not be working and get their bank accounts more flush with cash than ever? There was a new law that didn’t even require that people pay rent. How weird was that? Even student loans didn’t need to be paid.

By the fall, recess from lockdown was over and everyone was told to go home again. But this time they had a job to do: They were supposed to vote. Not at the polling places, because going there would only spread germs, or so the media said. When the voting results finally came in, it was the absentee ballots that swung the election in favor of the opposition party that actually wanted more lockdowns and eventually pushed vaccine mandates on the whole population.

The new party in control took note of the large population movements out of cities and states that they controlled. This would have a large effect on voting patterns in the future. But they had a plan. They would open the borders to millions of people in the guise of caring for refugees. These new warm bodies would become voters in time and certainly count on the census when it came time to reapportion political power.

Meanwhile, the native population had begun to swim in ill health from substance abuse, widespread depression, and demoralization, plus vaccine injury. This increased dependency on the very institutions that had caused the problem in the first place: the medical/scientific establishment.

The rise of crime drove the small businesses out of the city. They had barely survived the lockdowns, but they certainly could not survive the crime epidemic. This undermined the tax base of the city and allowed the criminals to take further control.

The same cities became sanctuaries for the waves of migrants sacking the country, and partisan mayors actually used tax dollars to house these invaders in high-end hotels in the name of having compassion for the stranger. Citizens were pushed out to make way for rampaging migrant hordes, as incredible as this seems.

But with that, of course, crime rose ever further, inciting citizen anger and providing a pretext to bring in the police state in the form of the National Guard, now tasked with cracking down on crime in the transportation system.

What’s the next step? It’s probably already here: mass surveillance and censorship, plus ever-expanding police power. This will be accompanied by further population movements, as those with the means to do so flee the city and even the country and leave it for everyone else to suffer.

As I tell the story, all of this seems inevitable. It is not. It could have been stopped at any point. A wise and prudent political leadership could have admitted the error from the beginning and called on the country to rediscover freedom, decency, and the difference between right and wrong. But ego and pride stopped that from happening, and we are left with the consequences.

The government grows ever bigger and civil society ever less capable of managing itself in large urban centers. Disaster is unfolding in real time, mitigated only by a rising stock market and a financial system that has yet to fall apart completely.

Are we at the middle stages of total collapse, or at the point where the population and people in leadership positions wise up and decide to put an end to the downward slide? It’s hard to know. But this much we do know: There is a growing pocket of resistance out there that is fed up and refuses to sit by and watch this great country be sacked and taken over by everything it was set up to prevent.

Tyler Durden Sat, 03/09/2024 - 16:20

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Low Iron Levels In Blood Could Trigger Long COVID: Study

Low Iron Levels In Blood Could Trigger Long COVID: Study

Authored by Amie Dahnke via The Epoch Times (emphasis ours),

People with inadequate…

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Low Iron Levels In Blood Could Trigger Long COVID: Study

Authored by Amie Dahnke via The Epoch Times (emphasis ours),

People with inadequate iron levels in their blood due to a COVID-19 infection could be at greater risk of long COVID.

(Shutterstock)

A new study indicates that problems with iron levels in the bloodstream likely trigger chronic inflammation and other conditions associated with the post-COVID phenomenon. The findings, published on March 1 in Nature Immunology, could offer new ways to treat or prevent the condition.

Long COVID Patients Have Low Iron Levels

Researchers at the University of Cambridge pinpointed low iron as a potential link to long-COVID symptoms thanks to a study they initiated shortly after the start of the pandemic. They recruited people who tested positive for the virus to provide blood samples for analysis over a year, which allowed the researchers to look for post-infection changes in the blood. The researchers looked at 214 samples and found that 45 percent of patients reported symptoms of long COVID that lasted between three and 10 months.

In analyzing the blood samples, the research team noticed that people experiencing long COVID had low iron levels, contributing to anemia and low red blood cell production, just two weeks after they were diagnosed with COVID-19. This was true for patients regardless of age, sex, or the initial severity of their infection.

According to one of the study co-authors, the removal of iron from the bloodstream is a natural process and defense mechanism of the body.

But it can jeopardize a person’s recovery.

When the body has an infection, it responds by removing iron from the bloodstream. This protects us from potentially lethal bacteria that capture the iron in the bloodstream and grow rapidly. It’s an evolutionary response that redistributes iron in the body, and the blood plasma becomes an iron desert,” University of Oxford professor Hal Drakesmith said in a press release. “However, if this goes on for a long time, there is less iron for red blood cells, so oxygen is transported less efficiently affecting metabolism and energy production, and for white blood cells, which need iron to work properly. The protective mechanism ends up becoming a problem.”

The research team believes that consistently low iron levels could explain why individuals with long COVID continue to experience fatigue and difficulty exercising. As such, the researchers suggested iron supplementation to help regulate and prevent the often debilitating symptoms associated with long COVID.

It isn’t necessarily the case that individuals don’t have enough iron in their body, it’s just that it’s trapped in the wrong place,” Aimee Hanson, a postdoctoral researcher at the University of Cambridge who worked on the study, said in the press release. “What we need is a way to remobilize the iron and pull it back into the bloodstream, where it becomes more useful to the red blood cells.”

The research team pointed out that iron supplementation isn’t always straightforward. Achieving the right level of iron varies from person to person. Too much iron can cause stomach issues, ranging from constipation, nausea, and abdominal pain to gastritis and gastric lesions.

1 in 5 Still Affected by Long COVID

COVID-19 has affected nearly 40 percent of Americans, with one in five of those still suffering from symptoms of long COVID, according to the U.S. Centers for Disease Control and Prevention (CDC). Long COVID is marked by health issues that continue at least four weeks after an individual was initially diagnosed with COVID-19. Symptoms can last for days, weeks, months, or years and may include fatigue, cough or chest pain, headache, brain fog, depression or anxiety, digestive issues, and joint or muscle pain.

Tyler Durden Sat, 03/09/2024 - 12:50

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February Employment Situation

By Paul Gomme and Peter Rupert The establishment data from the BLS showed a 275,000 increase in payroll employment for February, outpacing the 230,000…

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By Paul Gomme and Peter Rupert

The establishment data from the BLS showed a 275,000 increase in payroll employment for February, outpacing the 230,000 average over the previous 12 months. The payroll data for January and December were revised down by a total of 167,000. The private sector added 223,000 new jobs, the largest gain since May of last year.

Temporary help services employment continues a steep decline after a sharp post-pandemic rise.

Average hours of work increased from 34.2 to 34.3. The increase, along with the 223,000 private employment increase led to a hefty increase in total hours of 5.6% at an annualized rate, also the largest increase since May of last year.

The establishment report, once again, beat “expectations;” the WSJ survey of economists was 198,000. Other than the downward revisions, mentioned above, another bit of negative news was a smallish increase in wage growth, from $34.52 to $34.57.

The household survey shows that the labor force increased 150,000, a drop in employment of 184,000 and an increase in the number of unemployed persons of 334,000. The labor force participation rate held steady at 62.5, the employment to population ratio decreased from 60.2 to 60.1 and the unemployment rate increased from 3.66 to 3.86. Remember that the unemployment rate is the number of unemployed relative to the labor force (the number employed plus the number unemployed). Consequently, the unemployment rate can go up if the number of unemployed rises holding fixed the labor force, or if the labor force shrinks holding the number unemployed unchanged. An increase in the unemployment rate is not necessarily a bad thing: it may reflect a strong labor market drawing “marginally attached” individuals from outside the labor force. Indeed, there was a 96,000 decline in those workers.

Earlier in the week, the BLS announced JOLTS (Job Openings and Labor Turnover Survey) data for January. There isn’t much to report here as the job openings changed little at 8.9 million, the number of hires and total separations were little changed at 5.7 million and 5.3 million, respectively.

As has been the case for the last couple of years, the number of job openings remains higher than the number of unemployed persons.

Also earlier in the week the BLS announced that productivity increased 3.2% in the 4th quarter with output rising 3.5% and hours of work rising 0.3%.

The bottom line is that the labor market continues its surprisingly (to some) strong performance, once again proving stronger than many had expected. This strength makes it difficult to justify any interest rate cuts soon, particularly given the recent inflation spike.

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